3902 FRENCH Road, Detroit, MI 48214

$135,000 Asking Price

6 beds
2 baths
1,848  sqft
Built in 1924

LOCATED EAST VILLAGE PINGREE PARK JUST 5 MINUTES FROM THE HISTORIC INDIAN VILLAGE YOU WILL FIND 3902 FRENCH NESTLED ON A HUGE 3,136 SQUARE FOOT LOT IN THE QUIET "EAST CANFIELD" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 6 HUGE BEDROOMS AND 2 FULL BATHROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HIGH EFFICIENCY FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS BEEN FRESHLY PAINTED AND HAS NEW WALL TO WALL CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF A WHOPPING 2,226 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20 CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY 100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural gas, Wall furnace

Exterior

Style:
Other
Pool:
None
Parking:
Two car garage, Detached

Construction

General:
Brick, Vinyl siding, Two, Basement, Block

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
E FRENCH RD 520 ST CLAIR HEIGHTS EUGENE SLOMANS SUB L18 P50 PLATS, W C R 21/534 30 X 104.43A, W21I040090S

Utilities

Water:
Waterat street
Sewer:
Sewer at Street

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
1st Michigan Real Estate, Marta Kopania

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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